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purges in over 70% of all new u.s. debt issuances. if you look at people who are buying our debt, their appetite is getting less, not greater. they are buying short-term debt because of huge interest rates risks. if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unemployment. we need a fiscal deal. the fed has to change its policy because both are imprudent and unsustainable over time. >> right. >> one of the most successful physical consolidations in the developed, democratic world in canada, in the mid 1990's, and i ask the canadian politicians how did you do it? the public went from cheering on spending to deficits within a matter of a year or two. the government in canada now risks some peril if they do not balance their budget. the ans
purges in over 70% of all new u.s. debt issuances. if you look at people who are buying our debt, their appetite is getting less, not greater. they are buying short-term debt because of huge interest rates risks. if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was...
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would cost to cure homelessness in america but twenty billion dollars according to mark johnston acting u.s. it system housing secretary for community planning and development and while twenty billion dollars seems like a lot of money it really isn't when you put it in context and compare it to things we spend a lot more money on for example if we finally stopped rewarding big oil for destroying our environment and cut off their taxpayer subsidies the savings would more than cover the costs of ending homelessness in america or even cut off the tax breaks for people like mitt romney and paris hilton who make their living sitting around the pool all day collecting their capital gains checks so shouldn't we be doing that joining me now to give his take is david seeley convert a conservative commentator and pro-business said david welcome back to the program thanks for having me tom i really appreciate your having me back thanks for joining us and happy holidays to you david so why do you hate homeless people what's why why why why job sort of goals in going after them i knew that question was
would cost to cure homelessness in america but twenty billion dollars according to mark johnston acting u.s. it system housing secretary for community planning and development and while twenty billion dollars seems like a lot of money it really isn't when you put it in context and compare it to things we spend a lot more money on for example if we finally stopped rewarding big oil for destroying our environment and cut off their taxpayer subsidies the savings would more than cover the costs of...
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to coordinate with u.s. customs and border protection when determining what baggage must be rescreened in the united states. accordingly, i support this legislation that the obama administration proposed and reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the outstanding job he's done during his time of service on the committee. . the speaker pro tempore: the gentleman from illinois is recognized for such time he may consume. mr. walsh: thank you, madam speaker. the i thank chairman king. earlier this year i introduced the no hassle flying act legislation, brought to our attention by the transportation security administration. senators clow by car from minnesota and blunt from missouri introduced my language in the senate and this is the bill we are considering today. over the
to coordinate with u.s. customs and border protection when determining what baggage must be rescreened in the united states. accordingly, i support this legislation that the obama administration proposed and reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from new york. mr. king: madam speaker, i yield such time as he may consume to the gentleman from illinois, mr. walsh. let me take this opportunity to commend him, the...
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in line with that, the u.s. will formally recognize the opposition council as the leader of the syrian people. officials say that the u.s. afghan force may total 9000 after the year 2014. the obama administration plans to keep between 6009 thousand troops in afghanistan after 2014 and they will confine most of them to fortified garrisons near the capital, leaving afghan troops largely without american the advisers in the field. another story from afghanistan -- "slow gains in justice for females." women who are victims of violence often report abuse that -- rarely report abuses to government authorities and rarely see their cases go to trial." that is a story in "the new york times." looking at the domestic front, "ben bernanke is to make a last fiscal cliff police." "topping a yearlong campaign, he would get one last chance to talk washington down from the fiscal cliff. host: c-span will be carrying that press conference live, fed chairman ben bernanke, on c-span 3. you can find that at 2:15 p.m. eastern time.
in line with that, the u.s. will formally recognize the opposition council as the leader of the syrian people. officials say that the u.s. afghan force may total 9000 after the year 2014. the obama administration plans to keep between 6009 thousand troops in afghanistan after 2014 and they will confine most of them to fortified garrisons near the capital, leaving afghan troops largely without american the advisers in the field. another story from afghanistan -- "slow gains in justice for...
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i just came back from two weeks in asia, people are questioning the u.s. staying power. they are looking at this political prowess and saying can we count on the u.s., so it's very important we get our economic house in order, we get a deal to move forward. >> how important is it for the president to move quickly on his new international security team? >> i think that's important too, and i understand lots of good work is going into that and you'll have an impressive team rolled out hopefully soon. >> michelle, thank you very much. >>> coming up next, the sheriff's office in clackamas county, oregon, has just released the latest details on that fatal shooting rampage that killed two people, leaving one teenaged girl in serious condition. according to the sheriff's briefing, the 22-year-old suspect has been identified as jacob tyler roberts. he used a stolen semi-automatic rifle during the shooting. the sheriff noted the law enforcement received hundreds of calls from panicked shoppers in the mall. the first unit that arrived on the scene, just one minute later, no motive
i just came back from two weeks in asia, people are questioning the u.s. staying power. they are looking at this political prowess and saying can we count on the u.s., so it's very important we get our economic house in order, we get a deal to move forward. >> how important is it for the president to move quickly on his new international security team? >> i think that's important too, and i understand lots of good work is going into that and you'll have an impressive team rolled out...
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u.s. might respond to it. >>> up in flames a west virginia natural gas line explodes, the blast shutting down a major route through that state. >>> it could be one of the holiest twitter accounts yet, the pope sending his first tweet. wait until you see who is following. good morning, i'm don lemon, carol is off today. holiday horror, panicked shoppers rush to police after a gunman opens fire. here is the latest for you from the deadly mall shooting just south of portland, oregon. this morning, three people are confirmed dead, and a fourth victim is described as fighting for her life. police say the masked gunman killed himself as they closed in, making the motive for the killing spree all the more unclear right now. witnesses say he popped off at least 20 rounds seemingly choosing his victims at random. the shopping mall santa was among hundreds of people who heard the echo of rifle blasts. >> i was in the set there, there weren't too many kids at the time, i heard two shots and after tha
u.s. might respond to it. >>> up in flames a west virginia natural gas line explodes, the blast shutting down a major route through that state. >>> it could be one of the holiest twitter accounts yet, the pope sending his first tweet. wait until you see who is following. good morning, i'm don lemon, carol is off today. holiday horror, panicked shoppers rush to police after a gunman opens fire. here is the latest for you from the deadly mall shooting just south of portland,...
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in all the u.s. bureau of alcohol, tobacco and firearm, or atf helped traffic 2100 weapons and 24,000 rounds of ammunition from u.s. gun stores to mexican cartels in operation fast and furious. five men are charged in terry's murder, two are in custody, three are at large in mexico. one has pled guilty, he'll likely get life in prison. as for after virginia louisiana he was not charged in terry's death. he pled guilty to conspiracy and dealing guns without a license. the prosecutors recommended 57 months and that's what the judge accepted. basically the guy was in court in his jumpsuit -rblgs he spok jump jumpsuit, he spoke to the family, said he was sorry and he's moving on. jenna: you wonder if that plea sraoeudz the family any solace after losing their son. more of the story as we get it thank you. jon: breaking news out of syria. leland vittert has that live for us from geralds. >> reporter: right now, jon the obama administration is now officially recognized syrian opposition as a legitimate rep
in all the u.s. bureau of alcohol, tobacco and firearm, or atf helped traffic 2100 weapons and 24,000 rounds of ammunition from u.s. gun stores to mexican cartels in operation fast and furious. five men are charged in terry's murder, two are in custody, three are at large in mexico. one has pled guilty, he'll likely get life in prison. as for after virginia louisiana he was not charged in terry's death. he pled guilty to conspiracy and dealing guns without a license. the prosecutors recommended...
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u.s. military which monitors the activity of that isolated nation says it looked like an object was placed into orbit. so let's get up-to-date. chris lawrence is at the pentagon. >> we're getting better and new information about that north korean launch. u.s. officials now saying that the satellite that north korea put into space is now in polar orbit. norad has been monitoring it with its space sensors. remember, they tried a rocket launch earlier this year back in april. they did not have much success. this is the first time they have seen all three stages of that rocket launch work and be able to put a satellite into orbit. it sounds very benign, putting a satellite into orbit is not something that you would think of that has military connotations. but the same technology that you use to put a satellite into orbit is really the same kind of technology that you would use to build a long range nuclear missile. >> and the timing appears to have been some kind of surprise to u.s. officials.
u.s. military which monitors the activity of that isolated nation says it looked like an object was placed into orbit. so let's get up-to-date. chris lawrence is at the pentagon. >> we're getting better and new information about that north korean launch. u.s. officials now saying that the satellite that north korea put into space is now in polar orbit. norad has been monitoring it with its space sensors. remember, they tried a rocket launch earlier this year back in april. they did not...
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i ask that all u.s. aid to tunisia be cut off because they're blocking the attempt to investigate the terrorist. why are we giving any sort of aid to a country that's proven at this time is no friend or ally to the united states? why are we not doing everything in our power to investigate the events in benghazi that killed four americans? should secretary clinton fail to cut off aid to tunisia, i will take legislative action to cut off the aid to tunisia. i yield back the balance of my time. the speaker pro tempore: the time of the gentleman has expired. for what purpose does the gentleman from washington seek recognition? >> to address the house for one minute and revise and extend. the speaker pro tempore: without objection, so ordered. >> i rise to recognize the outstanding service of jay johnson of the department of defense in navigating a wide range of important legal issues, he's been an invaluable partner to the house aarped services committee. over the last four years he advised the committee on
i ask that all u.s. aid to tunisia be cut off because they're blocking the attempt to investigate the terrorist. why are we giving any sort of aid to a country that's proven at this time is no friend or ally to the united states? why are we not doing everything in our power to investigate the events in benghazi that killed four americans? should secretary clinton fail to cut off aid to tunisia, i will take legislative action to cut off the aid to tunisia. i yield back the balance of my time....